Virgin Galactic Holdings, Inc. is a publicly traded company with a current market capitalization of 1.65 bln USD on 3 Feb 2023. This translates to an increase of 5% from the previous day’s market cap of 1.74 bln USD, and a decrease of 7% from the market cap of 1.54 bln USD recorded on 1 Feb 2023. The current share price is 6.01 USD, which is 13% higher than the previous close of 5.29 USD and 602% above the year low of 3.25 USD recorded in 2020, but 45% below the year high of 11.25 USD seen in 2021.
The company has 274559008 shares outstanding and an average 50-day share price of 4.69 USD and an average 200-day share price of 5.69 USD, suggesting that the stock is struggling to break out from its current range despite recent gains in its stock price performance over the past few days. Furthermore, Virgin Galactic Holdings, Inc.’s earnings per share (EPS) for the most recent quarter stands at -1.252 and does not have a PE ratio due to negative earnings indicating weak financials for the company in terms of profits earned as compared to its current stock price valuation.
Ultimately, Virgin Galactic Holdings, Inc.’s financial situation appears mixed with some positive indicators such as increasing market cap over time and rising stock prices but also some concerning factors such as negative EPS values which could be pointing towards a declining financial health for this company going forward and investors should take this into account when evaluating their risk profile before investing their money into this stock
